AI Will Take 100M Jobs, CEOs Get Bonuses
A recent Senate report, highlighted by The Hill , warns that AI and automation could displace nearly 100 million American jobs. This isn't groundbreaking news; technocrats have promised labor displacement for decades. What's often missing from these dire warnings is the discussion of who benefits directly from this 'progress.' For example, companies like Google and Microsoft, heavily invested in
AI development, also deploy relentless lobbying efforts. In 2023, Google spent over $11 million and Microsoft over $10 million on lobbying, per OpenSecrets.org, shaping the very regulatory environment discussed in Senate reports. Instead of addressing job displacement, Congress frequently prioritizes defense spending, with senators routinely accepting contributions from military contractors who
are also banking on AI advancements. One might wonder if the legislative body truly fears mass unemployment when they're busy securing their own careers, courtesy of tech giants and defense firms who stand to gain from fewer workers and more advanced weaponry.